USD/JPY Analysis - page 62

 
I think the rally may even reach 110.00 in the next few days.
 
I think the move north has ended for the moment, it formed a double top around 110.00.
 
I was right about the double top, it pulled back from it. I think next target will be at 109.00.
 

USD/JPY is pushing to the downside.  The pair broke the support at 109.30 and is coming down to test 109.00 very soon.

 
Strong res in the area around 110.30. 200SMA needs to be broken to the upside.
 
Usd/Jpy has failed twice to break above the resistance at 110.04, currently trading sideways around 109.40, showing no clear direction.
 
Ari Goldman:
Strong res in the area around 110.30. 200SMA needs to be broken to the upside.
I agree. We may see that finally happening this week.
 
The long trend is still on selling but right now is on pullback im gonna wait for the sell start 
 

USD/JPY is trading at daily highs, but yet 110.00 remains hardly to achieve.

 
It's testing the resistance at 110.00 for a third time. Let's see whether it will be able to break out above it.
Reason: